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Loe's Oil Company INC

$89,547 PPP Loan in Mankato, Minnesota

Loan Details

Loan Number
7309447008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$89,547
Current Approval
$89,547
Forgiveness Amount
$90,200
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Loe's Oil Company INC
Address
40563 US Hwy 14
City
Mankato
State
Minnesota
ZIP Code
56003
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$71,637
Rent
$17,910

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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